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If the 'Player' has an initial total of 6 or 7, the 'Player' stands and draws no further card. Luck, Logic, and White Lies: The Mathematics of Games, Joerg Bewersdorff, 2004, ISBN 1568812108, 121-134 Probably the only bad thing about online casinos is that you can't bring a lady and charm her up, but then again if you already have a lady in your house you would not take her to play computer games now would you? An example: coin-tossing After initial bets are placed, the dealer deals the cards, either from one or two hand-held decks of cards, known as a "pitch" game, or more commonly from a shoe containing four or more decks. The dealer gives two cards to each player, including himself. One of the dealer's two cards is face-up so all the players can see it, and the other is face down. (The face-down card is known as the "hole card". In European blackjack, the hole card is not actually dealt until the players all play their hands.) The cards are dealt face up from a shoe, or face down if it is a pitch game. When you're betting online, most experts advise that unless you have a good system in place, you should limit your bets to a few spins and wager more per spin. This advise is based on the idea that statistically, the longer you play, the higher the odds are that you will lose money. If the 'Player' has an initial total of 8 or 9, this is a natural and neither the 'Player' nor the 'Banker' draw further cards. External links Shuffle tracking English actor Joseph Crowell reported that the game was played in New Orleans in 1829, with a deck of 20 cards, four players betting on which player's hand was the most valuable. Jonathan H. Green's book, An Exposure of the Arts and Miseries of Gambling (G. B. Zieber, Philadelphia, 1843), described the spread of the game from there to the rest of the country by Mississippi riverboats, on which gambling was a common pastime. The croupier will deal the cards according to the tableau and the croupier will announce the winning hand - either 'Player' or 'Banker'. Losing bets will be collected and the winning bets will be paid according to the rules of the house. Usually even money or 1-1 will be paid to the player and 95% to the 'Banker', 5% commission to the house. (Commission Baccarat) Some casinos pay even money or 1-1 to both 'Player' and 'Banker' except when the 'Banker' wins with a total of 6. Then the 'Banker' will be paid 50% or half the original bet. Here's what they've got: Insurance is statistically a bad bet for the player who has no direct knowledge nor estimation (e.g. through card counting) of the dealer's 'hole card' because Insurance has a negative expected value for the player. Even for the player who has been dealt a natural (a two-card 21) it is unwise to take Insurance. In such a case, the dealer usually asks the player "Even money?" This means that instead of 3:2, the player with the natural accepts to be paid off at 2:2. Thus it is exactly the same thing as buying Insurance, losing the Insurance bet and getting paid 3:2 on the natural. (If the player with the natural refuses "even money", and the dealer turns over a natural, it is a tie.) The reason they lose so much is they pile money into the virtual slot machines hoping to land a big payout. [edit] Jacks or Better A player who has "gone bank," and lost, is entitled to do so again on the next hand, notwithstanding that the deal may have "passed" to another player. Details about the order of play and hand rankings for the most common variants can be found in the articles on betting, hand rankings, and poker variants. Most popular poker variants can be loosely classified as draw poker, stud poker, or community card poker (a.k.a. "widow games"), though other miscellaneous poker games exist as well. The most commonly played games in these categories are five-card draw, seven-card stud, and Texas hold 'em, respectively; each being a common starting point for learning games of the type. A casino generally has: Many riddles trick the reader into believing that they are an example of Gambler's Fallacy, such as the Monty Hall problem. Similarly, if I flip a coin twice and tell you that at least one of the two flips was heads, and ask what the probability is that they both came up heads, you might answer, that it is 50/50 (or 50%). This is incorrect: if I tell you that one of the two flips was heads then I am removing the tails-tails outcome only, leaving the following possibile outcomes: heads-heads, heads-tails, and tails-heads. These are equally likely, so heads-heads happens 1 time in 3 or 33% of the time. If I had specified that the first flip was heads, then the chances the second flip was heads too is 50%.

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